Investing News

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

Unidentified individual accessed SEC's Twitter through a third party. Lack of two-factor authentication heightened vulnerability. False bitcoin ETF approval triggered…

January 11, 2024

YanGuFang International Group Appoints Interim Executives Amidst CEO and CFO Detainment

Leadership Shake-up: CEO and CFO of YanGuFang International Group detained by Shanghai Police, prompting interim appointments for stability. Interim Executives:…

January 11, 2024

Cryptocurrency Market Analysis: SHIB, SOL, and ETH Navigate Challenging Terrain

SHIB breaches 200-day EMA, signaling bearish sentiment. Historical data suggests strong buyer reactions and potential price reversal. Investors eye DCA…

January 11, 2024

Amazon Announces Significant Layoffs in Prime Video and MGM Studios Divisions

Layoffs Across Prime Video and MGM Studios: Amazon announces layoffs in its entertainment divisions as part of a long-term strategy.…

January 11, 2024

Lordstown Motors Faces $45 Million SEC Penalty in Bankruptcy Proceedings

SEC Targets Lordstown: The SEC filed a $45 million claim against Lordstown Motors in bankruptcy proceedings, alleging securities law violations.…

January 11, 2024

Twitch Announces Layoffs, Cutting 500 Jobs to “Rightsize” the Company

Twitch Layoffs: Twitch announces layoffs affecting 500 employees, citing the need to "rightsize" the company and align headcount. Financial Rationalization:…

January 11, 2024

Historic SEC Approval Unleashes Flood of Bitcoin ETFs, Transforming Crypto Landscape

SEC Approval Unleashes Bitcoin ETFs: The SEC greenlights 11 bitcoin ETF applications, opening new avenues for investors. Fee Wars and…

January 11, 2024

SAP Settles Over $230 Million in Global Bribery Case

Landmark Settlement: SAP, the German tech giant, agrees to pay over $230 million to settle global bribery allegations. Deferred Prosecution…

January 11, 2024

False SEC Announcement Triggers Bitcoin Price Volatility

Bitcoin's price surged on a false SEC announcement of approved ETFs, causing market turbulence. The SEC clarified its compromised account…

January 10, 2024

Cryptocurrency Market Update: Bitcoin Dominance, Solana’s Challenge, and Bonk’s Surprising Rally

ETH/BTC ratio decline indicates Bitcoin's continued dominance, impacting altcoin investment returns. Ethereum resilient in USD terms, yet struggles to outpace…

January 10, 2024